Form 4: Alpine Income Property Trust Director Acquires Shares in Lieu of Retainer Fee

Director Mark Okey Decker Jr. acquired 975 shares of Alpine Income Property Trust, Inc. (PINE) common stock in lieu of his 2nd quarter 2024 director retainer fee.

Summary

• On July 1, 2024, Mark Okey Decker Jr., a director of Alpine Income Property Trust, Inc. (PINE), acquired 975 shares of common stock.
• The shares were issued in lieu of his 2nd quarter 2024 director retainer fee of $15,000.
• The price per share was calculated using the 20-day trailing average closing price as of the last day of the quarter, which was $15.3690.
• Following the transaction, Decker directly owns 24,746 shares of Alpine Income Property Trust, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a standard transaction of a director receiving shares as part of their compensation. It doesn't indicate any significant positive or negative outlook for the company.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.

Industry Context

Directors often receive equity as part of their compensation, aligning their interests with those of shareholders. This is a common practice in publicly traded companies.

Related Party Transactions

• The issuance of shares to Mark Okey Decker Jr. in lieu of his director retainer fee is a related party transaction.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a standard part of director compensation.

Key Dates